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$750,000 Just Listed
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Property Description
Situated on an oversized 0.57-acre lot (approximately 174' x 140') on a beautiful, tree-lined residential street, this property presents a prime opportunity for those with a vision. With generous frontage and substantial lot depth, the site offers strong potential for redevelopment, expansion, or a custom new build.Located in an established neighborhood surrounded by mature trees and well-kept homes, this is an ideal setting for a high-value project. The existing structure is a 3-bedroom, 1-bathroom Cape Cod and includes a large garage and full basement, offering additional flexibility for storage or interim use during planning and development. The home is being sold in 'as-is' condition. Value is in the land and its development potential.
Full Property Details
Full Property Details for 124 Gates Ave
General
- Price: $750,000
- Taxes: $9,303 (2025)
- Status: Active
- Type: Single Family
- Source: Garden_State
- MLS ID: 4019387
- Updated: Today (4/8/2026)
- Added to Site: Today
Interior
- Number of Rooms: 8
- 2nd Floor/Level 2: 2 Bedrooms
- 1st Floor/Level 1: 1 Bedroom, Bath Main, Dining Room, Foyer, Kitchen, Office, Porch
- Appliances: Dishwasher, Microwave, Electric Range and Oven, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Kitchen: Eat-In Kitchen
Parking
- Garage: Yes
- Garage Spaces: 2
- Garage Description: Attached Garage
Location
- County: Morris
- Subdivision: Gillette
- Driving Directions: Right on Torbet Rd, Right onto Gates Ave
Heating & Cooling
- Cooling Type: Window A/C(s)
- Heating Type: See Remarks
- Heating Fuel: Oil Tank Above Ground - Inside
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: See Remarks
Structural Information
- Architectural Style: Cape Cod
- Basement: Yes
- Basement Desc.: Unfinished
- Roof: Asphalt Shingles
- Square Feet: 1,821
- Year Built: 1940
Lot Features
- Lot Size (Acres): 0.57
- Lot Size: 0.575 AC
- Driveway/Sidewalk: 2 Car Width
Financial Considerations
- Assessment Amount: $463,600
- Land Assmt: $293,800
- Tax Amount: $9,303
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- APN: 2330-13502-0000-00004-0000-
- Block: 13502
- Lot Number: 4
Listed by Exp Realty, Llc
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Price & Sales History for 124 Gates Ave
Date
Details
Price
Change
Source
4/08/2026
Listed
$750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 124 Gates Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,208
2%
$422,700
3%
2023
$9,005
-9%
$410,700
2%
2022
$9,848
—
$401,100
-8%
2021
$9,803
—
$434,400
9%
2021
$9,803
6%
$398,100
2%
2018
$9,262
2%
$389,800
1%
2017
$9,061
2%
$384,600
2%
2016
$8,868
4%
$377,700
29%
2015
$8,553
-10%
$291,700
-26%
2019
$9,456
10%
$395,300
36%
2013
$8,623
—
$291,700
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 124 Gates Ave
124 Gates Ave, Long Hill Township, NJ 07933 (MLS# 4019387) is a Single Family property with 3 bedrooms and 1 full bathroom. 124 Gates Ave is currently listed for $750,000 and was received on April 08, 2026. Want to learn more about 124 Gates Ave? Do you have questions about finding other Single Family real estate for sale in Gillette? You can browse all Gillette real estate or contact a Coldwell Banker agent to request more information.

